Brookfield Renewable (TSE:BEPC) Stock Price Expected to Rise, Desjardins Analyst Says

Brookfield Renewable (TSE:BEPC) had its price target lifted by research analysts at Desjardins from C$48.00 to C$49.00 in a research note issued on Thursday,BayStreet.CA reports. The brokerage currently has a “hold” rating on the stock. Desjardins’ target price indicates a potential upside of 3.51% from the company’s previous close.

Brookfield Renewable Price Performance

Shares of TSE BEPC opened at C$47.34 on Thursday. Brookfield Renewable has a 1 year low of C$45.17 and a 1 year high of C$63.11. The company has a debt-to-equity ratio of -570.82, a current ratio of 0.33 and a quick ratio of 0.18. The company’s 50-day moving average is C$51.57 and its 200 day moving average is C$54.15. The stock has a market capitalization of C$8.63 billion, a P/E ratio of -1.89, a P/E/G ratio of 0.84 and a beta of 1.21.

Brookfield Renewable Company Profile

Brookfield operates Brookfield Renewable Partners (NYSE: BEP, BEPC TSX: BEP.UN, BEPC), one of the world’s largest publicly traded platforms for renewable power and sustainable solutions. Our renewable power portfolio consists of hydroelectric, wind, utility-scale solar and storage facilities and our sustainable solutions assets include our investment in a leading global nuclear services business and a portfolio of investments in carbon capture and storage capacity, agricultural renewable natural gas, materials recycling and eFuels manufacturing capacity, among others.